Loans Redemption Receipts




1476
THE NEW ZEALAND GAZETTE
No. 56
LOANS REDEMPTION

RECEIPTS

Year Ended 31 March 1979 Year Ended 31 March 1980
Loans raised in conversion of maturing loans in New Zealand $438,954 $303,828
Loans raised for the purpose of repaying loans—
In New Zealand—
Special issues 282,500 222,600
Overseas—
Cash loans 207,484 150,834
489,984 373,434
928,938 677,262
Statutory contribution from Consolidated Account for the redemption of debt 74,838 60,000*
Temporary transfer to National Roads Fund repaid 4,000 ..
Treasury bills issued 1,155,985 2,264,100
Transfer from Consolidated Account 162 ..
Transfer from Loans Account .. 230,000
Money received under Public Finance Act 1977, section 40 (2) (e)—
Asian Development Bank 637 140
Christmas Island Phosphate Commission 87 102
Energy: Electricity 23,912 34,513
Energy: Geothermal .. 1,093
Energy: Mines... 187 205
Harbour Boards 332 366
Natural Gas Corporation of New Zealand Ltd. 3,765 3,765
New Zealand Export-Import Corporation .. 36
New Zealand Steel Ltd. (disposal of shares) 917 917
New Zealand Steel Ltd. 2,484 869
Offshore Mining Company Ltd. 22,374 4,572
Post Office 8,130 1,746
Railways 14,539 25,729
Tasman Pulp and Paper Co. Ltd. 2,200 2,200
Tasman Pulp and Paper Co. Ltd. (disposal of shares) .. 17,171
Tourist Hotel Corporation of New Zealand 683 ..
Vote Defence—Armed services equipment credit arrangements 8,355 7,964
Vote Foreign Affairs—Capital equipment credit arrangement 91 96
Vote Health—Capital equipment credit arrangement 468 503
Vote State Services Commission—Capital equipment credit arrangements 1,221 1,800
Vote Transport (Airport Development)—Capital equipment credit arrangement 47 354
Wellington Hospital Board 451 671
102,687 116,319
Money received under Public Finance Act 1977, section 40 (2) (f) 37 34,651
Excess of payments over receipts 86,603 ..
$2,353,250 $3,382,332

Balances at beginning of year—
Cash ... | 28,076 | 3,718
Investments ... | 210,719 | 148,474†
| 238,795 | 152,192
Excess of receipts over payments | .. | 102,958
Total ... | $238,795 | $255,150

*The statutory contribution was reduced by $28,195,185 pursuant to section 49(2) of the Public Finance Act 1977.
†Nominal value $149,930,734.



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💰 Summary of the Receipts and Payments of the Public Account for the Year Ended 31 March 1980 (continued from previous page)

💰 Finance & Revenue
Public Account, Receipts, Payments, Financial Summary, Year Ended 31 March 1980